Research on dynamics in a resource extraction game with bounded rationality

DOI10.1016/J.AMC.2014.03.075zbMATH Open1334.91029OpenAlexW2053852456MaRDI QIDQ273370FDOQ273370

Authors: Zhanwen Ding, Dongliang Ge, Shumin Jiang, Qiang Li 

Publication date: 21 April 2016

Published in: Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.amc.2014.03.075

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zbMATH Keywords

Nash equilibriumbounded rationalitydynamic systemgameresource

Mathematics Subject Classification ID

Applications of game theory (91A80) Special types of economic markets (including Cournot, Bertrand) (91B54) Rationality and learning in game theory (91A26)

Cites Work

• Equilibrium path in oligopolistic market of nonrenewable resource
• Analysis of nonlinear triopoly game with heterogeneous players
• Analysis of a duopoly game with delayed bounded rationality.
• Oligopoly equilibria in nonrenewable resource markets
• The dynamics of Bowley's model with bounded rationality
• Complex dynamics in a nonlinear cobweb model for real estate market
• Dynamical systems and the arising of cooperation in a Cournot duopoly
• Analysis of the dynamics of multi-team Bertrand game with heterogeneous players
• A Theory of 'Oil'Igopoly: Cournot Equilibrium in Exhaustible Resource Markets with Fixed Supplies
• On Oligopolistic Markets for Nonrenewable Natural Resources
• Complex dynamics and synchronization of a duopoly game with bounded rationality
• Analysis of the dynamics of Cournot team-game with heterogeneous players
• New results on stable region of Nash equilibrium of output game model

Cited In (3)

• Strong and weak rarity value: resource games with complex price-scarcity relationships
• Complex dynamics analysis for a duopoly Stackelberg game model with bounded rationality
• A note on topological aspects in dynamic games of resource extraction and economic growth theory

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